Powell 'resignation' rumors go viral, Kraken investigation comes to an end, ONDO races towards ETF! Is a new storm brewing in the crypto market?
The overnight market on July 23 was not calm, as a series of core events subtly pushed market expectations to diverge, and signals of major positioning are starting to emerge.
Here are several key dynamics in the crypto market between 21:00 last night and 7:00 this morning:
Powell's 'resignation letter' goes viral, Trump hawks again
Trump again 'named' Powell in public: 'He will soon be out.'
At the same time, suspected forged resignation letters from Powell appeared on social platforms, quickly gaining traction and causing short-term market fluctuations. Although it is fake news, it reflects the market's extreme sensitivity to a shift in Federal Reserve policy, which has been greatly amplified.
Kraken controversy comes to an end, FBI officially withdraws charges
The FBI has concluded its investigation into the founder of Kraken, returning all equipment, and market confidence is recovering. The regulatory clouds surrounding Kraken had previously put pressure on the DeFi sector, but now that the negative news has played out, it may serve as a catalyst for a rebound.
ETF race expands, ONDO impacts traditional markets
21Shares has submitted an S-1 application for the ONDO ETF to the SEC, further enriching the crypto ETF product matrix.
At the same time, the Bitwise 10 Crypto Index Fund has also officially received approval to convert into an ETF, marking an important step by the SEC towards 'basket trading' of crypto assets.
Polymarket's ambitions exposed: may launch its own stablecoin
ETH staking funds show significant volatility, possibly indicating a reshuffling of on-chain capital flows
Currently, approximately $2 billion in ETH has exited staking, while new staking funds amount to $1.3 billion, both reaching new highs for the phase. Increased capital liquidity provides fuel for significant fluctuations in the market and reveals that some large holders are adjusting their medium to long-term strategies.
Overall, the 'Powell + ETF + staking liquidity' triad resonance is reconstructing market rhythms. Stop fixating on candlestick charts; smart money has already started positioning after the news.
The market could explode at any moment, the key is whether you have positioned yourself in advance. Want to know how to stealthily align with the trend? Come find me, and I'll help you understand the rhythm and seize the opportunity.